Manufacturing & The Economy

New orders for manufactured goods in February, up following two consecutive monthly decreases, increased $7.5 billion or 1.6% to $488.8 billion, the U.S. Census Bureau reported. This followed a 1.0% January decrease. Economists predicted an increase of 1.2%.

New orders for manufactured durable goods in February, up following two consecutive monthly decreases, increased $4.9 billion or 2.2% to $229.1 billion, unchanged from the previously published increase. This followed a 1.4% January decrease.